Union Investment expects to invest between EUR 1.5-2 bn in European real estate this year, roughly in line with last year’s total volume, chairman of the board Reinhard Kutscher said in an interview with PropertyEU. The focus will be on core markets, he added, pointing to the UK, France and Germany. Scandinavia and Central and Eastern Europe are also on the fund manager’s radar, he added. Ukraine is not on the list, but Warsaw is 'a very interesting market', he said.
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